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34-Campus, For-Profit Anthem Education May Close

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Anthem Education, a 34-campus for-profit chain, appears to be on the verge of shutting down campuses, The St. Louis Post-Dispatch reported. Anthem has notified state officials of layoffs coming soon in Missouri, Texas, Wisconsin and Georgia. A Missouri official said that the three campuses in that state are shutting down. Those campuses have also posted notices that enrollment is closed. The Milwaukee Business Journal reported that a Wisconsin campus is closing. A company spokesman declined to confirm for the Post-Dispatch that campuses are closing, but did say that Anthem is facing a serious cash flow problem. He added that “closure isn’t a foregone conclusion.”